I (Meaning and importance of Exports) Unit Structure

6. Exemption of Compulsory Negotiations
 
 
 
The status holders are exempted from compulsory 
negotiation of documents through banks. In other words, they can 
send the documents directly to the customers. However, 
remittances would continue to be received through banks only. 
7. Priority Fixation of Norms
 
 
 
The status holders enjoy the benefit of fixation of input-
output norms on priority. 
8. Trade Delegations 
The representatives of status holder are given preference by 
the Govt. while selecting members of trade delegations to visit 
foreign countries. 
 
9. Participation in decision-making 
The government considered the views of these organizations 
in formulating foreign trade policies. Especially, SSTHs are offered 
membership of top consultative bodies of the government. 
10. Benefit of Training 
Status holders are given preference in respect of selections 
of participants for training programmes organized in India as well as 
abroad. Such participation is sponsored by the Govt. of India. 
11. Golden Status Certificate 
Exporters who have attained EH/TH/STH/SSTH status for 
three terms or more and continue to export are eligible for golden 
status certificate which would enable them to enjoy the benefit of 
status certificate irrespective of their actual performance thereafter, 
as per the guidelines issued in this regard from time to time. 
12. Exemption from Pre-shipment inspection 
Such status holders are exempt from the requirement for 
compulsory pre-shipment inspection as provided under the export 
Act, 1963. 
13. Legal Undertakings 

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The status holders are allowed to submit legal undertakings 
instead of bank guarantees at the time of customs of their import 
consignments under different schemes as given in the EXIM policy.